Fives received industrial recognition as Technology Provider of the Year

Fives, Technology Provider of the Year - Fastmarkets Global Awards

Fives was honored by Fastmarkets Global Awards for Steel Excellence, receiving industrial recognition. A prestigious acknowledgement, identifying world-class innovations and excellence for companies and key partners throughout the steel industry.

This year’s ceremony marked the 11th Annual Fastmarkets Global Awards, held virtually on July 23, 2020. The nominations chosen were selected from 30 different categories, determined by a combined panel of industry professionals. Fives wins in two categories.

Winner - Technology Provider of the Year

Fives received the award as a Technology Provider of the Year for its ground-breaking heat treatment and real-time quality management technologies, enabling steel manufacturers to improve operational efficiency, increase the quality of finished products and enhance the flexibility of operations.

“Fives has been a global leader in a variety of industries for more than 200 years. We have been involved in landmark projects leading technological innovations for the steel industry with solutions that provide increased productivity and flexibility of operations, while drastically reducing environmental impact. I am very proud of our team and am honoured to receive this prestigious award,” stated Guillaume Mehlman, President of Steel & Glass at Fives, during the Fastmarkets Global Awards Ceremony.

Winner (Joint Award) - Information Technology Services Provider 

As a collaborative initiative, Fives and Marcegaglia developed the SmartLine, a fully automatic strip processing line control system based on predictive modelling. In 2019, the SmartLine was commissioned for Marcegaglia’s continuous galvanizing line in Ravenna, Italy. 

“This was a joint effort between Marcegaglia and our Fives’ teams. Marcegaglia had a vision for a fully integrated control system of the coil finishing lines based on predictive modelling, incorporating all the upstream metallurgy and all the processing steps down to the finished coil in order to achieve the highest quality yield and productivity. The result has been a great success for both of our organizations,” added Guillaume.